Smithfield Foods, Inc. (SFD)

Smithfield Foods Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Jan 1, 2023	Jan 2, 2022
Revenue	14,188	14,640	16,199	15,009
Revenue Growth (YoY)	-	-9.62%	7.93%	-
Cost of Revenue	-	13,751	14,704	13,437
Gross Profit	1,649	889	1,495	1,572
Selling, General & Admin	-	1,050	807	1,095
Other Operating Expenses	0	-105	-429	-44
Operating Expenses	-	945	378	1,051
Operating Income	667	-56	1,117	521
Interest Expense / Income	60	76	87	93
Other Expense / Income	-190	-114	-82	-143
Pretax Income	777	-24	1,101	569
Income Tax	124	-41	231	97
Net Income	673	23	881	474
Net Income Common	653	17	870	472
Net Income Growth	-	-98.05%	84.32%	-
Free Cash Flow	493	287	182	542
Gross Margin	11.62%	6.07%	9.23%	10.47%
Operating Margin	4.70%	-0.38%	6.90%	3.47%
Profit Margin	4.60%	0.12%	5.37%	3.14%
Free Cash Flow Margin	3.47%	1.96%	1.12%	3.61%
Effective Tax Rate	15.96%	-	20.98%	17.05%
EBITDA	1,241	485	1,639	995
EBITDA Margin	8.75%	3.31%	10.12%	6.63%
Depreciation & Amortization	384	427	440	331
EBIT	857	58	1,199	664
EBIT Margin	6.04%	0.40%	7.40%	4.42%

Source: IPO financials are sourced from S-1 and S-1/A filings submitted to the Securities and Exchange Commission (SEC).